Persistence One is building intent-based Bitcoin interoperability, enabling simple and reliable cross-chain swaps across Bitcoin L2s, sidechains, and BTC-aligned networks.
Its mission is to reduce fragmentation across the Bitcoin ecosystem and make cross-chain value transfer intuitive for users, developers, and partners.
The rapid rollout of Bitcoin L2s and sidechains has led to fragmentation, impacting BTCfi' s scalability. Using the power of intents, Persistence One aims to enable users to move assets across Bitcoin Layer 2s more efficiently than traditional bridging, supporting fast, secure, near-zero slippage cross-chain swaps.
XPRT is the native token of the Persistence ecosystem.
XPRT is used for transaction fees related to trading or LPing on the DEX, XPRT staking or liquid staking, IBC transfers, and other on-chain activity. It secures the Persistence Core-1 Chain via Proof of Stake, where validators and XPRT stakers participate in securing the network. XPRT stakers receive staking rewards, along with rebates on BTC bridging fees and boosted rewards on the incentivised mainnet.
Additionally, XPRT governance has the final say on major protocol parameter changes, integrations, chain upgrades, community pool spend, and incentives.
